-

I Squared Capital Forms Ezee Fiber, a New Digital Infrastructure Platform in Texas and Announces First Platform Acquisition of ICTX WaveMedia

MIAMI--(BUSINESS WIRE)--I Squared Capital, through its ISQ Global Infrastructure Fund III, has formed Ezee Fiber, a new digital infrastructure platform to invest in fiber networks in growing and underserved U.S. markets. As the inaugural investment for the platform, Ezee Fiber has acquired ICTX WaveMedia, a 2,000-kilometer carrier-grade, all-fiber connectivity provider servicing homes, businesses, government agencies, educational institutions, and carriers in the Houston metropolitan area.

“Ezee Fiber is our first digital infrastructure investment in North America and in line with the Biden Administration’s latest infrastructure plan, which earmarks $65 billion of funding for universal, affordable broadband access across the U.S.,” said Thomas Lefebvre, Partner at I Squared Capital in Miami. “We have engaged Scott Widham, the former CEO of Alpheus Communications, to lead the platform, build out a strong executive team, and embark on an aggressive growth plan focused on enabling thousands of fibered enterprises and homes across its service territories.”

“With more people working remotely, streaming content, and installing smart-home technology, residential fiber penetration is expected to grow from 40 to 70 percent by 2030,” said Scott Widham, CEO of Ezee Fiber. “This trend accelerated during the Covid-19 pandemic and, to help meet this demand quickly, we plan to leverage ICTX’s extensive yet underutilized fiber capacity to reach enterprise and residential customers near its existing network.”

Davis Polk & Wardwell LLP and Latham & Watkins, LLP acted as legal advisors to I Squared Capital on this transaction.

About I Squared Capital

I Squared Capital is an independent global infrastructure investment manager focusing on utilities, digital infrastructure, transport, energy and social infrastructure in North America, Latin America, Europe, and Asia. The firm has offices in Miami, Hong Kong, London, New Delhi, and Singapore.

Contacts

Contact: Andreas Moon, Managing Director and Head of Investor Relations
+1 (786) 693-5739 | andreas.moon@isquaredcapital.com

Industry:

I Squared Capital

Release Versions
English

Contacts

Contact: Andreas Moon, Managing Director and Head of Investor Relations
+1 (786) 693-5739 | andreas.moon@isquaredcapital.com

More News From I Squared Capital

I Squared Capital Appoints Philippe Lenoble and Bogdan Ciobotaru as Managing Directors

LONDON--(BUSINESS WIRE)--I Squared Capital, a leading independent global infrastructure investment firm, today announced two senior appointments to its investment and asset management teams in London. Philippe Lenoble will join the investment team as Managing Director, reporting to Mohamed El Gazzar, Senior Partner. Bogdan Ciobotaru will join the asset management team as Managing Director reporting to Maxime Jacqz, Managing Director, who leads asset management in Europe. The demands for new and...

CORRECTING and REPLACING I Squared Capital Appoints Ben Harper as Managing Director, Head of Sustainability

MIAMI--(BUSINESS WIRE)--Please replace the release with the following corrected version due to multiple revisions. The updated release reads: I SQUARED CAPITAL APPOINTS BEN HARPER AS MANAGING DIRECTOR, HEAD OF SUSTAINABILITY I Squared Capital, a leading global infrastructure investment firm, is pleased to announce the appointment of Ben Harper as Head of Sustainability based in the firm’s Miami office. “We are delighted to welcome Ben to I Squared Capital,” said Sadek Wahba, Chairman & Mana...

I Squared Capital Appoints Patricia Menéndez Cambó as General Counsel

MIAMI--(BUSINESS WIRE)--I Squared Capital, a leading global infrastructure investment manager, is pleased to announce the appointment of Patricia Menéndez Cambó as its new General Counsel. Commenting on the appointment, Sadek Wahba, Chairman & Managing Partner at I Squared, said: “I am delighted to welcome Patty to I Squared. She is a lawyer with unparalleled credentials and I know she will have an immediate and positive effect across the firm.” Patricia Menéndez Cambó commented, “I am hono...
Back to Newsroom